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Cheap Homes in Bandy, VA 24602

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Bandy, VA Foreclosures

How much do homes sell for in Bandy, VA?
The average home price is currently $114,096.
What’s the average rental cost in Bandy, VA?
The average rental price in Bandy is $804.
What is the most expensive home in Bandy?
The most expensive home sold in Bandy had a price of $2,095,700.
What is currently the cheapest priced home in Bandy, VA?
The cheapest home for sale in Bandy is priced at $9,400.

Living in Bandy, VA

Bandy, VA is a quaint rural community known for its beautiful landscapes and peaceful living. Nestled in the heart of southwestern Virginia, it boasts outdoor recreational opportunities and a friendly community atmosphere. Residents enjoy a slower pace of life, with access to nature trails and local events that foster a tight-knit community.

Current Market Conditions in Bandy, VA

The real estate market in Bandy, VA, has seen moderate activity in recent months, with a growing interest from buyers seeking quiet living spaces away from urban hustle and bustle. Homes in the area are often priced competitively, attracting both first-time homebuyers and investors looking for rental properties. Given the rural nature of Bandy, the demand for land for agriculture or recreational use is also on the rise, reflecting broader trends in the surrounding region.

Home Value Estimator For Bandy, VA

There are currently 320 real estate properties in Bandy, VA, with a median automated valuation model (AVM) price of $80,815.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bandy, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bandy, VA, is $114,096.00, with the most expensive house in Bandy, VA, topping out at $2,095,700.00 and the cheapest home in Bandy, VA, clocking in at $9,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Bandy, VA!

Rent Prices In Bandy, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bandy, VA, is on a rollercoaster ride. The average rent price in Bandy, VA, is $804.00. Indeed, when looking to rent in Bandy, VA, you can expect to pay as little as $530.00 or as much as $1,740.00, with the average rent median estimated to be $760.00. The good news is that finding an affordable and desirable property to rent in Bandy, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Bandy, VA 24602


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